Data sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
Data sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
Douglas AG is a leading omnichannel premium beauty retailer in Europe, operating as the parent company of the DOUGLAS Group. Founded in 1821 and headquartered in Düsseldorf, Germany, it retails a wide assortment of beauty products including fragrances, color cosmetics, skincare, haircare, accessories, and beauty services through brands such as DOUGLAS, Nocibé, Parfumdreams, and Niche Beauty. The company serves customers across 22 omnichannel markets via approximately 1,960 stores and extensive e-commerce platforms, emphasizing seamless integration of online and offline experiences with features like Click & Collect Express and AI-supported tools. Structured into segments including DACHNL (Germany, Austria, Switzerland, Netherlands, Belgium), France, Southern Europe, Central Eastern Europe, and Parfumdreams/Niche Beauty, Douglas AG employs over 19,900 people and generated sales of 4.58 billion euros in the financial year 2024/25. Its strategy 'Let it Bloom' focuses on superior customer experiences, data capabilities, supply chain optimization, and potential expansion into new regions like the Middle East, solidifying its role as a key player in the consumer discretionary sector.
Operating margin is thin at 7.56%. Limited cushion if revenue slows or costs rise, not the profile of a wide-moat business.
Revenue growth slowed to 2.8%, essentially flat. Margins also contracted 1.4pp. This is a business that needs a catalyst.
ROIC dropped from 10.56% to 8.00%, capital efficiency is deteriorating.
Profitability & Returns
Revenue (TTM)
€4.61B
▲ +2.8% YoY
Net Income (TTM)
€52M
▲ +108.8% YoY
Op. Margin
4.20%
▼ -1.4pp YoY
ROIC
8.00%
▼ -2.6pp YoY
Cash Flow & Balance Sheet
FCF (TTM)
€615M
▼ -7.9% YoY
Op. Cash Flow (TTM)
€615M
▼ -7.9% YoY
Net Debt
€2.29B
Cash & Equiv.
€48M
3Y CAGR: +7.6%
3Y CAGR: +10.4%
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